Blame fiscal turmoil on managers, CEOs

The current turmoil in the finance sector is the outcome of greed, unfair and unethical business practices, by big managers and CEOs.

On one hand, itís shocking to see the foreclosures. People are not only losing houses and jobs but also losing their pensions, 401(k)s and their lifelong savings.

At the same time, itís sickening to see that these culprits, big CEOs, land with their golden parachutes. Their huge mansions and big yachts are an insult to working people. Now over a trillion-dollar package to undo their foul doing will hurt ordinary citizens for decades to come. Itís high time to make them accountable for their unfair and unethical business practices. Itís nothing short of financial terrorism to hurt the country and it should be dealt with accordingly.

If there is a minimum wage, why not a maximum wage? Even the president has a salary structure. A rational maximum salary needs to be devised.

If unfair financial practices are found, there needs to be a mandatory prison term for the CEO and managers.